Btq Technologies Corp Stock Price, News & Analysis

BTQ Technologies Corp. (BTQQF) has acquired advanced computing-in-memory (CIM) intellectual property from Cimtech Technology Co., strengthening its position in post-quantum cryptography and quantum-secure communication technologies. The acquired IP, developed using TSMC's 28nm HPC process, includes a 32x64 CIM node with Verilog models, timing libraries, and layout components.

The acquisition aims to enhance BTQ's capabilities in developing specialized Number Theoretic Transform (NTT) accelerators for applications in zero-knowledge proofs, homomorphic encryption, and post-quantum cryptography. The CIM technology integrates computation and memory storage to reduce data movement, improving speed and energy efficiency.

Under the leadership of Design Team Leader Jalen Hsu, Cimtech's technology was developed in collaboration with National Tsing Hua University in Taiwan. The strategic benefits include enhanced computational efficiency, future-ready quantum-resistant security solutions, and advanced development toolkits.

BTQ Technologies (BTQQF) has signed a Memorandum of Understanding with three South Korean quantum organizations: Future Quantum Convergence Forum (FQCF), Quantum Industrial Standard Association (QuINSA), and Future Quantum Convergence Institute (QCI). The collaboration focuses on developing industrial standards, organizing events, and creating industry-academic programs.

The partnership aligns with South Korea's quantum technology initiatives, including the Quantum Technology Industry Act and national strategy targeting 2035 goals: developing a 1,000-qubit quantum computer, building a 100-km quantum network, achieving 10% global market share, and fostering 1,200 quantum companies. The collaboration aims to strengthen BTQ's presence in South Korea's quantum ecosystem while advancing quantum security solutions globally.

BTQ Technologies Corp. (BTQQF) has secured funding of up to $150,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The funding will support research and development of distributed consensus algorithms for secure quantum random number generation (QRNG) as an oracular service.

The project focuses on enhancing BTQ's IP portfolio in quantum technology, specifically targeting random number generation applications important for cryptography, blockchain, telecommunications, and finance industries. The company plans to pursue additional R&D funding and collaborations to expand its presence in Canada's quantum and cybersecurity ecosystems.

BTQ Technologies Corp. (BTQQF) has announced key appointments following its acquisition of Radical Semiconductor. Sean Hackett and Zach Belateche, Radical Semiconductor's co-founders, join as advisors, while Anne Reinders becomes Head of Cryptography. The company also appointed Lionel de Saint-Exupéry, Chairman of Saintex Capital Management, as Senior Advisor.

These strategic appointments aim to accelerate BTQ's commercialization of post-quantum semiconductor technologies. The integration of Radical's CASH (Cryptographic Accelerator System Hardware) architecture positions BTQ to provide quantum-secure solutions across IoT, financial services, blockchain, and government infrastructure sectors.

De Saint-Exupéry, former Vice Chairman of KGI Financial with assets over US$125 billion, brings extensive experience in global financial leadership and investment strategy to guide BTQ's growth initiatives.

BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, has issued a statement in response to recent market activity. The company confirms that it is not aware of any material, undisclosed information that could explain the recent increase in both share price and trading volume of its ordinary shares. This statement was made at the request of CIRO.

BTQ Technologies and Macquarie University have announced a strategic research collaboration focused on advancing quantum algorithms and secure communications. The partnership, which commenced on June 1, 2024, builds upon their successful 2022 Quantum Proof-of-Work project. The collaboration aims to integrate quantum processing into communication protocols to enhance speed, security, and energy efficiency. Sydney Quantum Academy PhD students, funded through CSIRO's program, will participate in internships at BTQ, fostering collaboration between industry leaders and quantum experts.

BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company, has announced several strategic developments:

1. Appointment of Hunter Scharfe as Senior Advisor to guide strategic initiatives and partnerships.

2. Closure of a $1,000,000 convertible loan for general corporate purposes.

3. Acquisition of Radical Semiconductor's processing-in-memory technology portfolio to enhance post-quantum cryptography capabilities.

4. Appointment of world-class experts to leadership and scientific advisory board roles.

5. Joining QuINSA as a founding member to advance quantum information standardization.

6. Eligibility for up to C$435,000 in grants from the Mitacs Accelerate program for IP development.

7. Signing of MOU with ID Quantique to develop next-generation authentication systems.

These developments aim to strengthen BTQ's market position in quantum-secure technology and drive long-term growth.

BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF), a global quantum technology company, has announced its participation in the 2024 Cantech Letter Investment Conference on October 9, 2024, in Toronto, Ontario. Nicolas Roussy Newton, COO of BTQ, will deliver an investor presentation from 1:30-2:00 PM (EST) in Track 2 and participate in scheduled 1-on-1 meetings with investors.

The conference, held at the Arcadian Loft, provides a platform for emerging technology companies to showcase their innovations and growth strategies. It offers opportunities for direct interactions with investors and capital markets professionals. BTQ, focused on securing mission-critical networks, will use this event to highlight its quantum technology solutions and engage with potential investors.

BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF) has successfully acquired Radical Semiconductor Inc.'s entire technology portfolio, including their innovative CASH cryptographic accelerator architecture. This acquisition strengthens BTQ's position in post-quantum cryptography (PQC) and secure communications technologies.

Radical's CASH architecture, developed by Stanford graduates, is one of the industry's most compact and efficient accelerators for post-quantum algorithms. It supports massive parallel computations while maintaining strong side-channel security at minimal cost. This technology is important for addressing the challenges of PQC migration, especially in industries requiring secure, real-time, low-latency monitoring and control of devices.

The integration of Radical's technology will enhance BTQ's quantum-secure communications infrastructure and provide growth opportunities in IoT, financial services, blockchain, and government sectors. BTQ is now better positioned to meet evolving global standards for post-quantum cryptography, including leveraging its own quantum signature algorithm, Preon.